$515,000
$515,000
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1626 W GARFIELD Street Phoenix, AZ 85007
Key Details
Sold Price $515,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Las Flores
MLS Listing ID 6332720
Sold Date 12/09/22
Maintenance Fees $500
Year Built 1947
Annual Tax Amount $862
Tax Year 2021
Lot Dimensions IRR
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
HUGE REDUCTION TO BELOW MARKET. PRICED TO SELL! Investment opportunity with tons of flexibility and upside. Professionally managed, CASH-FLOWING fourplex in a downtown location with great access. Two 2BR/1BA and two studio/1BA. 2 units have just had turn work completed. Newer AC. Lots of flexibility -- move in with low down payment FHA loan or turn key lease. Shared onsite laundry with newer washer and dryer. All units are separately metered and NO HOA. Low-maintenance desert landscaping with plenty of parking in front and in back. Space for toys/trailers/etc. Rents are below market with room to raise! TENANT RIGHTS, PLEASE DRIVE BY ONLY - SHOWINGS ONLY AFTER ACCEPTED OFFER. **Vacant units are being marketed for lease. Act now for maximum flexibility**
Location
State AZ
County Maricopa
Community Las Flores
Area Maricopa
Zoning R5
Direction North on 15th then West on Garfield. Property will be on right.
Interior
Heating Heat Pump
Cooling Central Air, Ceiling Fan(s)
Flooring Ceramic Tile
Appliance Free-Standing Range, Disposal, Refrigerator, W/D Hookup
Exterior
Parking Features Add'l Parking Avail, >1 Space Per Unit, 1 Space/Unit
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Pima Elementary School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 111-25-060
Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan
Disclosures None
Listing Terms Conventional, 1031 Exchange, FHA, VA Loan
Financing Cash
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Bought with NORTH&CO.